Potential Stopping Volume - has that name because it is likely...

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    Potential Stopping Volume - has that name because it is likely that enough volume (as support) has entered the stock to Stop a down trend, and knock the instrument sideways.
    Now on that stock (NWZ), I consider the next day was also a buying event (they must have bought the majority of the offer stack) before leaving it to its own devices.
    So together, they will be stronger, which may push it into a stronger position than just stopping volume.

    cheers

    EDIT- haha I have the entire columns around the wrong, hang on and I'll fix it.
    Last edited by Jako8557: 06/01/16
 
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